Large-cap Technology company Alphabet has logged a -1.0% change today on a trading volume of 5,822,172. The average volume for the stock is 27,236,457.
Alphabet Inc. offers various products and platforms in the United States, Europe, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. Based in Mountain View, United States the company has 185,719 full time employees and a market cap of $2,291,525,746,688. Alphabet currently offers its equity investors a dividend that yields 0.5% per year.
The company is now trading -5.18% away from its average analyst target price of $199.62 per share. The 16 analysts following the stock have set target prices ranging from $185.0 to $237.0, and on average give Alphabet a rating of buy.
Over the last 52 weeks, GOOG stock has risen 1.4%, which amounts to a -11.7% difference compared to the S&P 500. The stock's 52 week high is $208.7 whereas its 52 week low is $142.66 per share. Based on Alphabet's average net margin growth of 5.3% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.
| Date Reported | Total Revenue ($ k) | Net Profit ($ k) | Net Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2024 | 350,018,000 | 100,118,000 | 28 | 16.67 |
| 2023 | 307,394,000 | 73,795,000 | 24 | 14.29 |
| 2022 | 282,836,000 | 59,972,000 | 21 | -30.0 |
| 2021 | 257,637,000 | 76,033,000 | 30 | 36.36 |
| 2020 | 182,527,000 | 40,269,000 | 22 | 4.76 |
| 2019 | 161,857,000 | 34,343,000 | 21 |
